Economic Impact of a PGA Tournament (McGladrey Classic) on Surrounding Area

This study estimated the economic impact of the 2013 McGladrey Classic Golf Tournament (since renamed the RSM Classic) on Glynn County, Georgia. It was held at the Sea Island Golf Club, Seaside Course on Sea Island, Georgia in early November (7th through the 10th). This tournament is one of the stops for the PGA TOUR. The direct impacts were generated from spending from out-of-town visitors. These visitors included spectators, volunteers, title sponsor guests and the staff of the broadcast partner. In order to estimate the total amount of spending related to this event, the research team administered a survey to both volunteers online, prior to the event, and to spectators in person at the event. Additional expenditure data for the Golf Channel staff and McGladrey guests was provided by the Davis Love Foundation, host of this tournament.

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Measuring Economic Impact at a Professional Golf Tournament

Case Studies in Sport Management ◽

10.1123/cssm.2017-0010 ◽

2017 ◽

Vol 6 (1) ◽

pp. 58-60

Author(s):

Jeffrey A. Graham ◽

Robin L. Hardin ◽

James Bemiller

Keyword(s):

Best Practices ◽

Economic Impact ◽

Impact Study ◽

Golf Tournament ◽

Primary Means ◽

Professional Golfers ◽

Insight Into ◽

Analyze Data

The News-Sentinel Open presented by Pilot is an event on the Web.com Tour. The Web.com Tour began in 1990 with the name of the Ben Hogan Tour and has transitioned through several title sponsors, taking its current name in June 2012. The tour is the developmental tour for the PGA Tour and the primary means for professional golfers to earn playing privileges on the PGA Tour. Tournaments are 72-hole stroke play events featuring between 144 and 156 golfers. This specific tournament is staged in Knoxville, Tennessee, and is one of only three original tour stops from the inaugural season in 1990. In an effort to measure economic impact in the greater Knoxville area resulting from the tournament weekend, the News-Sentinel Open has commissioned an economic impact study. This case study challenges students to analyze data collected from the economic impact study commissioned by the tour organizers. By engaging with this case study, and its accompanying data and results, students will gain insight into best practices of planning, conducting, and analyzing an ethical economic impact study.

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Social Events

Microscopy and Microanalysis ◽

10.1017/s1431927602021062 ◽

2002 ◽

Vol 8 (I1) ◽

pp. 26-30

Keyword(s):

Golf Club ◽

Sunday Morning ◽

Golf Tournament ◽

Special Events ◽

Social Events ◽

Tuesday Evening

Sunday Morning, August 4, 2002: Golf Tournament at the Mont Tourbillon Golf ClubSunday August 4, 2002: 6:00 pm to 10:00 pm Opening Reception at the Quebec Museum of CivilizationPresidential Happenings: The Presidents of MSA, MAS, MSC/SCM, IMS will offer special events during the week. These events, including keynote speakers and the awards ceremonies, will appeal to all attendees.Tuesday Evening, August 6, 2002: Exhibitor's DemonstrationsWednesday August 7, 2002: Evening Social Options Dinner at the Manoir Montmorency and Grand Finale of the Fireworks FestivalWednesday August 7, 2002: Opera Evening at the Chapel of the Amerique Francaise Museum

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Estimating the Economic Impacts of Specific Claims Settlements in Canada: The Case of Little Red River Cree Nation

Canadian Public Policy ◽

10.3138/cpp.2020-118 ◽

2021 ◽

Author(s):

Omid Mirzaei ◽

David C. Natcher ◽

Eric T. Micheels

Keyword(s):

Economic Impact ◽

First Nations ◽

Positive Impact ◽

Economic Benefits ◽

Red River ◽

Household Expenditure ◽

Full Time ◽

Expenditure Data ◽

Per Capita ◽

The Government

Since 1973, 535 specific claims valued at more than $6 billion have been settled between the Government of Canada and First Nations governments for outstanding treaty obligations. Critics of specific land claims point to the absence of statistical evidence that shows a positive impact on First Nations economies and characterize specific claims as a multi-billion-dollar liability for Canadian taxpayers. This research shows that the economic benefits of specific claims are being lost to First Nations economies through high rates of economic leakage, especially in cases in which large proportions of the settlement funds are disbursed on a per capita basis. Collaborating with the Little Red River Cree Nation (LRRCN) in Alberta (a recent recipient of a $239 million settlement), we use household expenditure data, band-owned businesses’ financial statements, and band administration audit reports to estimate their rate of economic leakage and the economic impact of their specific claims settlement. Results indicate that the economic leakage rate for the LRRCN is 83.5 percent. Using household expenditure data and input–output models, we estimate the economic impact of the LRRCN settlement. Assuming a 100 percent per capita disbursal of the funds, the settlement would contribute $275–$339 million in provincial output, $172–$212 million in gross domestic product, and $110–$127 billion in labour income, and it would create 2,393–2,714 full-time jobs. The results of this research may be of value to First Nations leaders in making decisions concerning the distribution and investment of specific claims settlements in the future.

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Economic impact of the 1996 Oldsmobile Classic golf tournament in the Greater Lansing area

Journal Of Vacation Marketing ◽

10.1177/135676679800400208 ◽

1998 ◽

Vol 4 (2) ◽

pp. 175-185

Author(s):

Joseph M. La Lopa ◽

Kuan-Chou Chen ◽

Kevin Nelson

Keyword(s):

Economic Impact ◽

Golf Tournament

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Messina Hof Wine and Jazz Festival: An Economic Impact Analysis

Tourism Economics ◽

10.5367/000000002101298115 ◽

2002 ◽

Vol 8 (3) ◽

pp. 273-279 ◽

Cited By ~ 37

Author(s):

Michele D. Brown ◽

Turgut Var ◽

Seokho Lee

Keyword(s):

Economic Impact ◽

Impact Analysis ◽

Personal Income ◽

Single Event ◽

Positive Economic ◽

Economic Impact Analysis ◽

Expenditure Data ◽

The Us ◽

Us Dollar ◽

Total Sales

The purpose of the study was to estimate the economic impact on Brazos County, Texas, of a proposed weekend Wine and Jazz Festival to be produced by Messina Hof Winery. An economic impact analysis was performed using IMPLAN PRO software. The 1998 value of the US dollar and average weekend festival visitor expenditure data from Messina Hof Winery were used as inputs into the model. The results indicated that this single event would generate $892,981 in total sales output, $324,942 in personal income and the equivalent of 21.8 jobs. The conclusion was that the weekend Wine and Jazz Festival proposed by Messina Hof Winery would have a significant positive economic impact on Brazos County.

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Economic Impact of THE PLAYERS Championship Golf Tournament at Ponte Vedra Beach, Florida, March 2005

EDIS ◽

10.32473/edis-fe698-2007 ◽

2007 ◽

Vol 2007 (19) ◽

Author(s):

Tom Stevens ◽

Alan Hodges ◽

David Mulkey

Keyword(s):

Economic Impact ◽

Economic Impacts ◽

Resource Economics ◽

Golf Tournament

FE698, a 3-page paper by Tom Stevens, Alan Hodges, and David Mulkey reports estimates of economic impacts in order to assess the importance of TPC golf tournament to the northeast Florida economy and to the industries and institutions within it. Published by the UF Department of Food and Resource Economics, October 2007. FE698/FE698: Economic Impact of THE PLAYERS Championship Golf Tournament at Ponte Vedra Beach, Florida, March 2005 (ufl.edu)

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